Bank of America Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Principles (Policies)
Notes Tables
Notes Details

Derivatives - Derivatives Designated as Fair Value Hedges (Details)

v3.8.0.1

Derivatives - Derivatives Designated as Fair Value Hedges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	$ 326	$ (501)	$ 817	$ 3,395
Hedged Item	(418)	314	(1,258)	(3,943)
Hedge Ineffectiveness	(92)	(187)	(441)	(548)
Interest rate risk on long-term debt \| Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	(273)	(758)	(751)	3,166
Hedged Item	169	580	313	(3,654)
Hedge Ineffectiveness	(104)	(178)	(438)	(488)
Interest rate and foreign currency risk on long-term debt \| Interest expense
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	607	16	1,631	360
Hedged Item	(593)	(10)	(1,603)	(369)
Hedge Ineffectiveness	14	6	28	(9)
Interest rate risk on AFS securities \| Interest income
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	(8)	235	(71)	(131)
Hedged Item	7	(250)	40	80
Hedge Ineffectiveness	(1)	(15)	(31)	(51)
Price risk on commodity inventory \| Trading gain (loss)
Effect of Fair Value Hedges on Results of Operations [Abstract]
Derivative	0	6	8	0
Hedged Item	(1)	(6)	(8)	0
Hedge Ineffectiveness	$ (1)	$ 0	$ 0	$ 0

- Definition

Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

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- Definition

Amount of the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement.

+ References

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- References

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- Definition

Amount of gain (loss)recognized in the income statement from the hedging ineffectiveness of a fair value hedge.

+ References

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